Free Trial

Liberty Latin America (OTCMKTS:LILAB) Shares Gap Up - What's Next?

Liberty Latin America logo with Communication Services background
Image from MarketBeat Media, LLC.

Key Points

  • Liberty Latin America shares gapped up premarket, opening at $10.24 versus a prior close of $9.00 — roughly a 13.8% jump — though only 100 shares were reported traded at that price.
  • The stock sits near its 50-day and 200-day SMAs ($9.35 and $9.77), has a market cap of $1.75 billion and a negative P/E (-4.30), indicating the company is currently unprofitable.
  • Liberty Latin America is a telecommunications operator across Latin America and the Caribbean (brands include VTR and FLOW), providing high-speed internet, cable TV, fixed-line voice and mobile services.
  • MarketBeat previews the top five stocks to own by May 1st.

Liberty Latin America Ltd. (OTCMKTS:LILAB - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $9.00, but opened at $10.24. Liberty Latin America shares last traded at $10.24, with a volume of 100 shares changing hands.

Liberty Latin America Trading Up 13.8%

The stock's 50-day simple moving average is $9.35 and its 200-day simple moving average is $9.77. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of -4.30 and a beta of 1.12.

About Liberty Latin America

(Get Free Report)

Liberty Latin America OTCMKTS: LILAB is a telecommunications company focused on delivering video, broadband internet, telephony and mobile services across Latin America and the Caribbean. Formed as an independent entity in December 2017 following a spin-off from Liberty Global, the company serves a diverse mix of residential and business customers under a variety of local brands, including VTR in Chile and FLOW in multiple island markets.

The company's core offerings encompass high-speed internet access, digital and legacy cable television, fixed-line voice services and mobile communications.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Liberty Latin America Right Now?

Before you consider Liberty Latin America, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Latin America wasn't on the list.

While Liberty Latin America currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines